According to the supply side of the vicious circle theory of development a country is poor because .

Related MCQs

• The vicious circle theory states that __________ .
• The concept of, Vicious Circle of Poverty’ is related to __________.
• The classical theory of economic development is of relevance for the less developed countries today because it lays emphasis on .
• Development economics must have a scope wider than traditional economics because
• Which of the following is inconsistent with Adam Smith’s theory of development?
• Karl Marx ideas about development theory are available in __________ .
• In Schumpeter’s theory of development maximum stress has been laid on:
• Which of the following is inconsistent with the Schumpeter's theory of development?
• Which one of the following was given a central place by Schumpeter in his theory of development?
• Myrdal builds his theory of economic development around the idea of__________ .